Madison vs Syracuse
Fair Market Rent Comparison — HUD 2025 Data
Quick Answer
Syracuse is 27% cheaper for renters. A 2-bedroom rents for $820/mo vs $1,038/mo in Madison — saving $2,616/year.
Rent by Unit Size
| Unit Size | Madison | Syracuse | Difference |
|---|---|---|---|
| Studio | $676 | $546 | $130 |
| 1 Bedroom | $827 | $686 | $141 |
| 2 Bedrooms | $1,038 | $820 | $218 |
| 3 Bedrooms | $1,222 | $1,051 | $171 |
| 4 Bedrooms | $1,400 | $1,207 | $193 |
| Median Income | $64,691 | $42,142 | $22,549 |
Madison
- Studio
- $676/mo
- 1 BR
- $827/mo
- 2 BR
- $1,038/mo
- 3 BR
- $1,222/mo
- 4 BR
- $1,400/mo
- Median Income
- $64,691/yr
Syracuse
- Studio
- $546/mo
- 1 BR
- $686/mo
- 2 BR
- $820/mo
- 3 BR
- $1,051/mo
- 4 BR
- $1,207/mo
- Median Income
- $42,142/yr
Frequently Asked Questions
Is Madison or Syracuse cheaper to rent in?
Syracuse is cheaper — a 2-bedroom Fair Market Rent is $820/mo vs $1,038/mo in Madison. That's $218/mo or $2,616/year more expensive in Madison (27% higher).
What is the 2-bedroom rent in Madison vs Syracuse?
The HUD Fair Market Rent for a 2-bedroom in Madison is $1,038/month. In Syracuse, a 2-bedroom FMR is $820/month.
How do incomes compare between Madison and Syracuse?
The median household income in Madison is $64,691/year. In Syracuse it is $42,142/year. Madison has the higher median income.
What is the studio rent in Madison vs Syracuse?
A studio apartment Fair Market Rent in Madison is $676/mo. In Syracuse it is $546/mo.